The Facts: Owner Steve Bisciotti told reporters on Wednesday that he intends to begin working on a contract extension for Flacco soon. "We're going to sit down and start grinding out contract terms," Bisciotti said.

Diehards Line: The Ravens want to sign Flacco to a multi-year contract extension. Entering the final year of his original rookie contract, Flacco is due a $6.76 million base salary that includes him triggering a $5.4 million escalator clause. Plus, there’s a $2.1 million roster bonus. According to Carroll County Times staffer Aaron Wilson, the negotiations may be complicated by a difference of opinion between how much the Ravens are willing to pay him and his financial expectations. While this shapes up as an extremely tough round of negotiations, Wilson this should ultimately get done.